QUESTION 7 Neomercantilists are more skeptical than liberals that states can move to Pareto-optimal outcomes in prisoners' dilemma because o they believe that prisoners' gains and losses are not likely to be balanced and equitable. o they are very concerned about free riding by states. o they view the prisoners as rational, self-interested individuals. o they see cheating as a major problem.

Microeconomic Theory
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Chapter19: Externalities And Public Goods
Section: Chapter Questions
Problem 19.10P
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QUESTION 7
Neomercantilists are more skeptical than liberals that states can move to Pareto-optimal outcomes in prisoners' dilemma because
o they believe that prisoners' gains and losses are not likely to be balanced and equitable.
o they are very concerned about free riding by states.
o they view the prisoners as rational, self-interested individuals.
o they see cheating as a major problem.
QUESTION 8
A Pareto-optimal outcome is the best possible outcome for a prisoner in prisoners' dilemma
O True
False
QUESTION 9
Interventionist liberals are more concerned than orthodox liberals with
international institutions
O negative freedom
o distributional issues
o domestic-international interactions
Transcribed Image Text:QUESTION 7 Neomercantilists are more skeptical than liberals that states can move to Pareto-optimal outcomes in prisoners' dilemma because o they believe that prisoners' gains and losses are not likely to be balanced and equitable. o they are very concerned about free riding by states. o they view the prisoners as rational, self-interested individuals. o they see cheating as a major problem. QUESTION 8 A Pareto-optimal outcome is the best possible outcome for a prisoner in prisoners' dilemma O True False QUESTION 9 Interventionist liberals are more concerned than orthodox liberals with international institutions O negative freedom o distributional issues o domestic-international interactions
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